Bill Text: NY S04082 | 2019-2020 | General Assembly | Introduced
Bill Title: Expands eligibility of privately owned forest land for a partial real property tax exemption; reduces the amount of acreage needed to qualify from 50 to 25 acres.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO LOCAL GOVERNMENT [S04082 Detail]
Download: New_York-2019-S04082-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 4082 2019-2020 Regular Sessions IN SENATE February 27, 2019 ___________ Introduced by Sen. SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to eligibility of privately owned forest land for a real property tax exemption The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (e) of subdivision 1 of section 480-a of the real 2 property tax law, as amended by chapter 428 of the laws of 1987, is 3 amended to read as follows: 4 (e) "Eligible tract" shall mean a tract of privately owned forest land 5 of at least [fifty] twenty-five contiguous acres, exclusive of any 6 portion thereof not devoted to the production of forest crops, timber, 7 pulp, biomass, low-grade wood products, wildlife, fruits or mushrooms. 8 Lands divided by federal, state, county or town roads, easements or 9 rights-of-way, or energy transmission corridors or similar facilities 10 will be considered contiguous for purposes of this section, unless 11 vehicular access for forest management purposes is precluded. Lands from 12 which a merchantable forest crop has been cut or removed within three 13 years prior to the time of application for certification under this 14 section will be ineligible unless such cutting or removal was accom- 15 plished under a forest management [program] plan designed to provide for 16 the continuing production of merchantable forest crops. 17 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05962-03-9